Alpha Real Capital acquires £86m energy portfolio Jan 24, 2022 Real assets investment manager Alpha Real Capital has acquired Innova Energy, which has a solar energy portfolio totalling almost 62MW in the UK. The 17 PV projects, valued at £86m, are located across the UK and include extension and expansion rights. They generate about 540 gigawatt-hours of electricity a year, equivalent to powering 186,000 homes. […] Posted by: Mya Driver Read more
IPSX appoints Roger Clarke as Group Chief Executive Jan 24, 2022 IPSX Group Limited (“IPSX Group), which, through its wholly owned subsidiary IPSX UK Limited (“IPSX UK”) operates the world’s first regulated securities exchange dedicated to commercial property and real assets – collectively IPSX – announces two new senior leadership appointments as it embarks on the next phase of its delivery and prepares for the increased […] Posted by: Mya Driver Read more
Hines to launch new open-ended European real estate fund Jan 24, 2022 Hines, the international real estate firm, is set to launch Hines European Property Partners (HEPP), its new diversified, open-ended core-plus fund focused on key European markets. Jorge Duarte, who joins Hines from Barings, has been appointed as Fund Manager. HEPP will leverage Hines’ expertise and boots on the ground presence in 16 offices across Europe […] Posted by: Mya Driver Read more
AXA IM Alts appoints Rob Samuel as UK Head of Development Jan 24, 2022 AXA IM Alts, a global leader in alternative investments with c. €168 billion of assets under management[1], announces the appointment of Rob Samuel as UK Head of Development. Based in London, Rob will manage the full breadth of AXA IM Alts’ UK multi-sector development programme. Rob joins AXA IM Alts effective immediately and will report […] Posted by: Mya Driver Read more
Bill to extend HS2 to Manchester handed to parliament Jan 24, 2022 The prospect of high-speed journeys adding extra capacity into the rail network, and helping to close the distances between towns and cities in the Midlands and North, took a giant leap forward today (24 January 2022) as the Bill for the Crewe–Manchester extension of the HS2 network was submitted to Parliament. The Bill sets out […] Posted by: Mya Driver Read more
SREF partners with IED to acquire £162m Romford retail warehouse and leisure scheme Jan 24, 2022 The Schroder UK Real Estate Fund (SREF) has announced it has partnered with Zurich Investment Foundation Immobilien Europa Direkt (‘IED’, a Schroders Capital managed, pan-European strategy) to acquire “The Brewery”, a prime supermarket anchored, retail warehouse and leisure scheme in Romford, Greater London for £162 million in a 50:50 joint venture. The Brewery comprises a […] Posted by: Mya Driver Read more
Tarmac announced as UKREiiF Net Zero Partner Jan 24, 2022 At the inaugural UKREiiF event in Leeds between 17 and 19 May 2022, Tarmac will headline the Net Zero Demonstration Stage Tarmac, the UK’s leading sustainable building materials and construction solutions business, has been confirmed as a Net Zero Partner for the UK’s Real Estate Investment and Infrastructure Forum’s (UKREiiF) inaugural event. The company is […] Posted by: Mya Driver Read more
Columbia Threadneedle acquires Midlands distribution centre Jan 21, 2022 Midlands-based property investor Colmore Capital has successfully sold its 33,615 sq ft distribution unit Swift 34 in Rugby to institutional buyer, Columbia Threadneedle. The unit was sold in December 2021, taking under a month from initial marketing to exchange. The initial asking price of £4.6m represented a net initial yield of 5.2%. The distribution unit, […] Posted by: Mya Driver Read more
Unbranded Finance funding unlocks Glasgow aparthotel scheme Jan 21, 2022 Unbranded Finance has kicked off 2022 by completing a £2.5 million bridging loan on behalf of Courie Investments Limited, secured against a prime Glasgow City Centre office building with planning permission for a 113-room aparthotel at 249 West George Street, on the corner of Blythswood Square. The 24-month loan will be used as a holding […] Posted by: Mya Driver Read more
Lambeth Pension Fund Announces 2040 Net Zero Target for £2bn fund Jan 21, 2022 At a meeting held on earlier this month, The Lambeth Pensions Committee voted unanimously to adopt a 2040 net zero target for the £1.9bn Lambeth Pension Fund. The Lambeth Fund continues to lead the way amongst local government pension funds in the fight against climate change, and over the past two years has worked to […] Posted by: Mya Driver Read more
